Stock market today: Gift Nifty hints muted start; US-Iran talks to global markets - 7 stocks to buy or sell
Awaiting price reaction for this filing.
Indian benchmarks Sensex and Nifty 50 ended lower on Monday, with the Sensex declining 372.10 points (0.48%) to 76,728.37 and the Nifty 50 falling 109.75 points (0.46%) to 23,946.25 on profit booking and geopolitical concerns. Gift Nifty is indicating a weak start for Tuesday, trading around 23,980.5, a discount of 57.2 points from the previous close of 24,037.70, even as Wall Street ended firm with the Dow at a record high. Investors are closely watching US-Iran diplomatic talks in Doha, elevated crude prices with Brent in the $70-71 per barrel range, and concerns over delayed monsoon affecting summer crop sowing, while gold dropped more than 1 percent on track for a fourth consecutive monthly decline.